Chitra Ramkrishna sent to 14-day judicial custody in NSE phone tapping case

A Delhi Court on July 22 sent former National Stock Exchange (NSE) CEO & MD Chitra Ramkrishna to 14-day judicial custody in a money laundering case related to alleged illegal phone tapping and soping of employees of stock exchange. Special Judge Sunaina Sharma passed order after Chitra Ramkrishna was produced before court on expiry of her ED custody. Arrested on July 14, NSE CEO & MD was first remanded to four-day custody, which was again extended by ar four days, during which she was interrogated and also confronted by anti-money laundering ncy with three persons and several documents.

NSE sopgate

ED has filed a money laundering case against ex-Mumbai Police Commissioner Sanjay Pandey and ex-NSE top officials Chitra Ramkrishna, Ravi Narain and Mahesh Haldipur under criminal sections of Prevention of Money Laundering Act (PMLA). According to probe ncy, during year 2009 to 2017, former NSE CEO Ravi Narain, Ramkrishna, Executive Vice President Ravi Varanasi, and He (Premises) Mahesh Haldipur and ors conspired toger to cheat NSE and its employees and for said purpose, iSEC Services Pvt Ltd, a company associated with former Mumbai Police Commissioner Sanjay Pandey, was engd for illegal interception of phone calls of NSE employees. 

In probe documents, ED mentions how NSE was allegedly provided with four Primary Rate Interface (PRI) Lines by iSec Services. "That M/s. iSec monitored/intercepted calls of se four PRI lines used by employees of NSE. M/s. iSec also submitted copies of transcripts of conversations to top manment of NSE between 01.01.2009 to 13.02.2017," Central ncy said, ding that reports were titled 'Monitoring Reports for Call Logs'.  

ncy ded, “Transcripts of se calls were provided by iSEC and received by officials of NSE at top level in breach of confidentiality and privacy of employees of NSE and reby, caused wrongful gain of Rs 4.54 crore to iSEC as payment for this task and corresponding wrongful loss to NSE."

Im: PTI